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Nov 12, 2012
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than us. number one, it makes them hostage to the value of our dollar and to our financial markets. if we're having a discussion in china, people would say, "what are we thinking, having all our savings in these u.s. treasury notes? you know, what if they default? what -- the interest, what if they have runaway inflation, et cetera, et cetera?" it's the imbalance between the two countries is a sign of imbalance in both of our systems. we've been too debt dependent and too over consumptive. they have been too export dependent and they haven't lived as well as they should. a poor country is lending money to a rich country. that is odd and needs to change and will. >> if you were having this conversation with president obama, he might ask you, he might say -- "jim, you say that more than two thirds of the new airports under construction today are being built in china. you call your book china airborne. why should i, as president, why should our people think about china building airports?" >> i wa
than us. number one, it makes them hostage to the value of our dollar and to our financial markets. if we're having a discussion in china, people would say, "what are we thinking, having all our savings in these u.s. treasury notes? you know, what if they default? what -- the interest, what if they have runaway inflation, et cetera, et cetera?" it's the imbalance between the two countries is a sign of imbalance in both of our systems. we've been too debt dependent and too over...
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Nov 14, 2012
11/12
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with us now is jeff applegate. jeff, why do you think that congress is going to be able to come through with a deal on this fiscal cliff? >> the political calculus, susie, is very simple. at the end of the day, the physicafis -- fiscal cliff threatens to dip the economy back into a depression. so we think that's what will drive a deal. >> susie: the fiscal cliff is in headlines every single day. it probably will continue like this for the next six weeks. how is all of that anxiety going to play out in the markets? >> you've already seen it play out since the election. global equities, actually, were down more than 2%. we didn't have a great day again today. so getting a positive resolution on the fiscal cliff is going to be important for the markets, but it is going to be volatile, and it will not be sorted out soon. so i think you should count on near-term possibly increased volatility in equity markets. >> susie: but you still think that the markets will be up for the year for 2012? >> we do. and that's the view
with us now is jeff applegate. jeff, why do you think that congress is going to be able to come through with a deal on this fiscal cliff? >> the political calculus, susie, is very simple. at the end of the day, the physicafis -- fiscal cliff threatens to dip the economy back into a depression. so we think that's what will drive a deal. >> susie: the fiscal cliff is in headlines every single day. it probably will continue like this for the next six weeks. how is all of that anxiety...
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Nov 15, 2012
11/12
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james awad joins us now. he's investment strategist at zephyr management. >> so, jim, what do you think investors need to hear from the president that they feel confident about investing in the markets? >> right now, there is nothing he is willing to do that would make investors comfortable. you'll notice today that the market sold off during and after his press conference because he was very aggressive in his position. and whether that's a negotiating point or not, i think what the markets fear is that we could either accidentally go over the cliff, or that all this hard posturing will set in stage a series of contractionery economic activities on the parts of businesses, in terms of not hiring, and maybe firing, and businesses shrinking rather than expanding, which will eventually find its way into consumer attitudes. so i think the market is afraid that this gun battle, or dual or chess game will lead to an accidental recession. >> susie: all right. let me follow up on that. a lot of the traders i've been
james awad joins us now. he's investment strategist at zephyr management. >> so, jim, what do you think investors need to hear from the president that they feel confident about investing in the markets? >> right now, there is nothing he is willing to do that would make investors comfortable. you'll notice today that the market sold off during and after his press conference because he was very aggressive in his position. and whether that's a negotiating point or not, i think what the...
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Nov 3, 2012
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thanks for joining us. >> sure, thank you. >> brown: hurricane sandy also devastated pts of the caribbean, including haiti, there 54 people died. special correspondent fred de sam lazaro filed a dispatch and photos from port au prince. those are on our "world" page. >> woodruff: and we turn now to syria. the newshour sent freelance video journalist toby muse there recently to see how civilians are faring. as margaret warner reports, many have become targets in the country's civil war. a warning-- some images may be disturbing. >> warner: within the walls of a secret school in northwest syria, young students ar studying arithmetic, english and arabic. their wide eyes and smiles betray little of the war raging just outside in the streets of their town of al-bab and across their country. >> and what does he think of the planes when they fly overhead? >> ( translated ): he doesn't fear. >> warner: run by teachers who asked to remain anonymous, this classroom was opened just weeks ago in al-bab, a city of 120,00
thanks for joining us. >> sure, thank you. >> brown: hurricane sandy also devastated pts of the caribbean, including haiti, there 54 people died. special correspondent fred de sam lazaro filed a dispatch and photos from port au prince. those are on our "world" page. >> woodruff: and we turn now to syria. the newshour sent freelance video journalist toby muse there recently to see how civilians are faring. as margaret warner reports, many have become targets in the...
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Nov 9, 2012
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he joins us from hartford, connecticut. mr. bertolini, thank you for being with us. and let me just start by saying, why is the fiscal cliff of such concern to you? i mean, do you -- what's the threat here? >> well, i think the big threat, judy, is that if we go off if fiscal cliff we will see negative g.d.p. in the first quarter. and when you get into a recession, american business, worldwide business, begins to make plans on how to reduce its operating costs. and that ultimately results in fewer jobs. so fewer jobs coupled with a negative g.d.p. ultimately put the economy in the wrong direction. and that's not good for anyone. >> woodruff: at the same time, i'm sure you know there's a body of thought out there that says some of the concern about the fiscal cliff is exaggerated. even if it didn't happen by january 1 that there would still be time to get things worked out that in other words this timetable is not so urgent, really. >> well, i think that's misplaced. american businesses are already planning for 2013. we take our operating budget to our board on novemb
he joins us from hartford, connecticut. mr. bertolini, thank you for being with us. and let me just start by saying, why is the fiscal cliff of such concern to you? i mean, do you -- what's the threat here? >> well, i think the big threat, judy, is that if we go off if fiscal cliff we will see negative g.d.p. in the first quarter. and when you get into a recession, american business, worldwide business, begins to make plans on how to reduce its operating costs. and that ultimately results...
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Nov 1, 2012
11/12
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bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. io >> woodruff: the u.s. death toll from the giant storm named sandy has risen to at least 63 today. about 6.5 million homes and businesses are still without electricity though there were signs of daily life returning to its usual rhythm in some ples. a familiar sound returned to lower manhattan streets last night. ( horns honking ) the power did not. police helped direct traffic with signals still dark, but one taxi driver said it wasn't worth the risk. >> it's been dangerous. i've got to go home, i'll walk. there's no traffic signal light, no nothing there. >> woodruff: you're going home? you're done? >> i'm done already. >> woodruff: it wasn't much easier for pedestrians who made their way on foot, some with only flashlights leading the way. >> it's really unse
bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. io >> woodruff: the u.s. death toll from the giant storm named sandy has risen to at least 63 today. about 6.5 million homes and businesses are still without electricity though there were signs of daily life returning to its usual...
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Nov 8, 2012
11/12
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we have this so-called fiscal cliff emergency that is before us. if that fails to be resolved, you'll see a level of contraction in all hands on deck activities. it will be very disturbing. >> suzanne: if there is no deal on this fiscal cliff, what does that mean for your business? >> i think it will be very, very damaging to a consumer discretionary business, and others similar to it. because you'll see an immediate reduction in economic activity, of the sort we have not run into since the arab oil embargo, where all of a sudden, on a precise moment, economic activity will slow very substantially. you can see a period where it begins to slow even in anticipation of that. i think for a business like ours, that people don't have to do, they're doing it out of discretionary monies, it will be very damaging. >> suzanne: congress is saying if there is no fiscal cliff, it could push the economy into a recession. how are you preparing for that? would that mean layoffs at caesar's? >> it will mean reduction in hours for our employees. we reduced in 2008,
we have this so-called fiscal cliff emergency that is before us. if that fails to be resolved, you'll see a level of contraction in all hands on deck activities. it will be very disturbing. >> suzanne: if there is no deal on this fiscal cliff, what does that mean for your business? >> i think it will be very, very damaging to a consumer discretionary business, and others similar to it. because you'll see an immediate reduction in economic activity, of the sort we have not run into...
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Nov 3, 2012
11/12
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it took us 230 years to run up that deficit. we are going to have to pay it back and pay interest. >> i'm sure we don't want to take more money out of the economy. >> i don't want to spend it unwisely which is what this administration is doing. >> $16 trillion. he started out with 12 trlion. >> 11 trillion. >> and built it up to 16. >> that's right. >> i don't remember them talking about when george bush wasli paying out money -- >> medicare prescription drug program. >> the country rejected the republican party when they did it, and they shouldn't when owe palm does worse. >> a little -- obama does worth. >> a d little late. >> issue 3, obama on lateight. >> on october 1, president obama sat down with late nighwidaily show host jon stewart. mr. stewart questioned the president, about the event at the u.s. consulate in nibenghazi libya on september 11, when four americans were killed, including ambassador christopher stevens. >> other people were -- >> the truth is, infoation comes in, folks put it out thought the process, peopl
it took us 230 years to run up that deficit. we are going to have to pay it back and pay interest. >> i'm sure we don't want to take more money out of the economy. >> i don't want to spend it unwisely which is what this administration is doing. >> $16 trillion. he started out with 12 trlion. >> 11 trillion. >> and built it up to 16. >> that's right. >> i don't remember them talking about when george bush wasli paying out money -- >> medicare...
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Nov 19, 2012
11/12
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we couldn't get gasoline for the indispensable vehicles that get us to work, get us to the supermarket, get us to our sick friends or neighbors. i mean, the point i'm trying to make is we are all the fossil fuel industry, are we not? naomi klein: you know, we often hear that. we often hear that we're all equally responsible for climate change. and that it's just the rules of supply and demand. >> i have two cars. i keep them filled with gasoline. >> i think the question is if there was a fantastic public transit system that really made it easy for you to get to where you wanted to go, would you drive less? i don't know about you, but i certainly would. >> i mean, i use the subways all of the time. >> if it was possible to recharge an electric vehicle and if it was as easy to fill up your car with gasoline, if that electricity came from solar and wind, would you, insist? no, i want to fill my car with dirty energy. no, i don't think you would. >> we are willing to make changes, you know? we recycle and we compost. we ride bicycles. there's actually been a tremendous amount of willingnes
we couldn't get gasoline for the indispensable vehicles that get us to work, get us to the supermarket, get us to our sick friends or neighbors. i mean, the point i'm trying to make is we are all the fossil fuel industry, are we not? naomi klein: you know, we often hear that. we often hear that we're all equally responsible for climate change. and that it's just the rules of supply and demand. >> i have two cars. i keep them filled with gasoline. >> i think the question is if there...
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Nov 8, 2012
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bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: for the first time in four years, president obama did not have to worry about re-election today. still, there was little time to savor tuesday's victory, in the face of a potential fiscal crisis at the end of the year. "newshour" correspondent kwame holman begins our coverage on this day after the election of 2012. >> reporter: mr. obama departed his hometown of chicago this afternoon for washington, his home for another four years. waiting for him: a still- divided congress now facing a critical lame duck session. the president made it clear in his victory speech last night that he thinks the country wants an end to gridlock. >> tonight, you voted for action, not politics as usual. ( applause ) you elected us to focus on your jobs, not ours. and in t
bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: for the first time in four years, president obama did not have to worry about re-election today. still, there was little time to savor tuesday's victory, in the face of a potential fiscal crisis at the end of the year....
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Nov 3, 2012
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i'm not saying that's going to happen, but at a certain point, he's got to care about us, right? >> at a certain point, you're right, john. the fact is, the popular vote, california, he's double digits ahead here. we know that. and with the impact of sandy, we don't really know how it's going popular vote on the east coast. >> belva: that is the storm. >> the storm, the hurricane. new jersey, you're talking about, new york, i'm hearing ohio there's some effects. this could be an issue. we reallyng- this is a -- could be a cliff hanger. >> belva: we seem to be able to talk about most things, very little about issues in this whole election cycle, because there's been such a predominant tax and other groups contributing to races. again, we feel the ping of money when it comes to the congressional race. >> absolutely. and sa amento in particular has been an incredible hot bed of spending on congressional races because there are actually four pretty well contested races that sort of fall within that media market. there's the seventh district, where republican incumbent dan lundgren is
i'm not saying that's going to happen, but at a certain point, he's got to care about us, right? >> at a certain point, you're right, john. the fact is, the popular vote, california, he's double digits ahead here. we know that. and with the impact of sandy, we don't really know how it's going popular vote on the east coast. >> belva: that is the storm. >> the storm, the hurricane. new jersey, you're talking about, new york, i'm hearing ohio there's some effects. this could be...
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Nov 14, 2012
11/12
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the election is behind us. we're ready to get started. >> woodruff: the most difficult of those challenges will be reaching a deal to avert a so-called fiscal cliff. starting january 1, some $500 billion in tax increases will take effect with the expiration of the bush era tax cuts and the payroll tax holiday. at the same time automatic spending cuts will hit defense and domestic programs totaling $109 billion. the spending reductions were triggered when the congressional super committee failed to reach a broad deficit deal last year. that came after talks broan down between the president and house speaker john boehner. senator collins told the newshour today that she's optimistic lawmakers can still strike a deal and stave off the spending cuts. >> so this has to be done carefully. i think the president's right that -- and i've said this for a long time -- that we have to look at both revenues and spending. but there needs to be compromise on both sides. >> woodruff: but mcconnell said the president needs to p
the election is behind us. we're ready to get started. >> woodruff: the most difficult of those challenges will be reaching a deal to avert a so-called fiscal cliff. starting january 1, some $500 billion in tax increases will take effect with the expiration of the bush era tax cuts and the payroll tax holiday. at the same time automatic spending cuts will hit defense and domestic programs totaling $109 billion. the spending reductions were triggered when the congressional super committee...
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Nov 16, 2012
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. >> susie: joining us now, mitchell crusto. he's a law professor at loyola university in new orleans, and has been studying the b.p. case and the relationship between business and the environment. how important is today's set element -- settlement. >> this is the biggest story.no. we have more dollars at stake. >> in terms of how importantthil us a little more. it's a record settlement. but it does encompass quite a few different features. in addition to the felony charges there is the fec investigation and the resolution of that matter and that is a big deal. >> darren is saying it's notove. the government is bringing gross negligence charges against bp. bp is going to fight it vigorously how is that going to play out? >> it's difficult for them toave standard when they admitted to the felony charges. when it's related to the environment. it's some $20 billion this is a big story but it's an even bigger story ahead. >> there have been so many fines there a silver lining to all of this? does this make the deep water drilling sa
. >> susie: joining us now, mitchell crusto. he's a law professor at loyola university in new orleans, and has been studying the b.p. case and the relationship between business and the environment. how important is today's set element -- settlement. >> this is the biggest story.no. we have more dollars at stake. >> in terms of how importantthil us a little more. it's a record settlement. but it does encompass quite a few different features. in addition to the felony charges...
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Nov 29, 2012
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bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org
bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org
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Nov 27, 2012
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marcia coyle is here with us tonight. first the facts of the case, vance v ball state university. >> first of all, this case involves title vii of the civil rights act, which as you know is our antidiscrimination law. under. the supervisors is imbued with the employer's authority. an employer can be held liable if a nonsupervisor employee harasses another employee. but it's tougher to prove. you have to shout employer knew or should have known about the harassment and failed to act. maida vance brought this lawsuit against ball state university. she's an african american woman working in the dining services division of the university, claimed she was harassed by a white coworker, was slapped on the head, blocked at the elevator, racial epithets were used such as "sambo" and "buckwheat" in her presence. she complained and finally brought her lawsuit against the university. she lost in the lower courts. the lower court, federal appellate court, said this coworker was not a supervisor, and took the definition that is probabl
marcia coyle is here with us tonight. first the facts of the case, vance v ball state university. >> first of all, this case involves title vii of the civil rights act, which as you know is our antidiscrimination law. under. the supervisors is imbued with the employer's authority. an employer can be held liable if a nonsupervisor employee harasses another employee. but it's tougher to prove. you have to shout employer knew or should have known about the harassment and failed to act. maida...
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Nov 17, 2012
11/12
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we do not have information at present that leads to us conclude that this was premeditated or preplanned. >> ms. rice made these comments five days after intelligence reports were reporting otherwise. be that as it may, at his press conference on wednesday of this week, president obama voiced outrage with senators mccain and graham. >> when they go after the u.n. ambassador, apparently because they think she's an easy target, then they've got a problem with me. >> mccain fired back at obama. >> if the president thinks that we are picking on people, he really does not have any idea of how serious this issue is. >> so what do senators mccain and graham want? get this. a watergate style select committee to investigate admini the benghazi attack. >> question. under the rules of the senate it only takes one senator to put a hold on a presidential nomination. so how can president obama get around this? eleanor clift. >> he doesn't need to get around anything. if he wants to nominate susan rice, he is going to do it up- front and he is going to fight for her. and lindsey graham and john mccain
we do not have information at present that leads to us conclude that this was premeditated or preplanned. >> ms. rice made these comments five days after intelligence reports were reporting otherwise. be that as it may, at his press conference on wednesday of this week, president obama voiced outrage with senators mccain and graham. >> when they go after the u.n. ambassador, apparently because they think she's an easy target, then they've got a problem with me. >> mccain fired...
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Nov 2, 2012
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bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the losses in life and property kept growing today, in the wake of "sandy". the death toll reached 92 and the focus on physical damage shifted to new jersey, where the monster storm blasted barrier islands and other waterside cities. the mas force of the orm's destruction along the jersey shore came fully into view today. town after town presented stark scenes of wrecked homes and boats, underscoring the long process of rebuilding that es ahead. one of those tow was t long beach community north of atlantic city, where army national guard troops arrived to assist. >> a lot of devastation. the island has been hit very hard. from what i understand there is roughly 18,000 homes without poeser, there is severe gas leaks, so right now we are just trying to get
bnsf, the engine that connects us. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the losses in life and property kept growing today, in the wake of "sandy". the death toll reached 92 and the focus on physical damage shifted to new jersey, where the monster storm blasted barrier islands and...
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Nov 10, 2012
11/12
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isn't that why most of us get paid? a friend of mine asked recently, why is it that so many people just seems to want to argue rather than find an actual solution? good question! i think there might be at least three reasons. inertia: awful lot of people, even though they may argue this, like things just the way they are, even if things are broken. uncertainty: maybe they've been burned a few times or maybe they just hate not knowing the absolute right answer. maybe they have had bosses in the past who have not been very forgiving when mistakes were made. laziness: i feel bad even including this one, but i am quite sure that some people quit the job long before they quit the organization. mid-level managers i talk with today say that problem-solving skills need to be taught early and often. i wouldn't presume that new hires bring that skill with them. i'm lou heckler. >> tom: that's "nightly business report" for friday, november 9. good night, everyone. we'll see you online at nbr.com and back here monday night. caption
isn't that why most of us get paid? a friend of mine asked recently, why is it that so many people just seems to want to argue rather than find an actual solution? good question! i think there might be at least three reasons. inertia: awful lot of people, even though they may argue this, like things just the way they are, even if things are broken. uncertainty: maybe they've been burned a few times or maybe they just hate not knowing the absolute right answer. maybe they have had bosses in the...
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Nov 9, 2012
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he joins us from the nasdaq. so nick, we began the show with another dire warning about the fiscal cliff and the threat of recession. now we just heard that substantial progress has been made with the european debt situation. are europe's troubles deeper than the u.s. here as we sit in the latter half of 2012? >> well, i would say that europe's problems are deep never many ways. unemployment in places like greece is reaching north of 25%, north of 58% for young people, so there are pockets of europe that are clearly much worse than the general u.s. economy. but i would say that the u.s. is quickly catching up. the issues of the fiscal cliff are serious and fairly immediate. >> tom: are they making substantial progress in your estimation toward avoiding that cliff like we just heard from the european central bank, the president in his explanation of what they think they have done if the last year? >> i think europe has certainly made some real progress. particularly in the last few months in putting a firewall in
he joins us from the nasdaq. so nick, we began the show with another dire warning about the fiscal cliff and the threat of recession. now we just heard that substantial progress has been made with the european debt situation. are europe's troubles deeper than the u.s. here as we sit in the latter half of 2012? >> well, i would say that europe's problems are deep never many ways. unemployment in places like greece is reaching north of 25%, north of 58% for young people, so there are...
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Nov 2, 2012
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we want to thank wnet here in new york for helping us. our new york bureau in lower manhattan has no power, and channel 13 has given us office space with computers, phones, and tvs so we can do our job ews.ring the we also want to thank other colleagues who have come to the rescue, including the nasdaq, the w york stock exchange, thestreet.com, dow jones, and bloomberg. we appreciatweverything you have been doing for us during ngese difficult days. thank you. have a great evening, everyone, and you too, tom. >> tom: good night, susie.ff we'll see you online at nbrcom, and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wh access.wgbh.orgat >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follow us on our facebook page at bizrpt. and on ttter @bizrpt. on
we want to thank wnet here in new york for helping us. our new york bureau in lower manhattan has no power, and channel 13 has given us office space with computers, phones, and tvs so we can do our job ews.ring the we also want to thank other colleagues who have come to the rescue, including the nasdaq, the w york stock exchange, thestreet.com, dow jones, and bloomberg. we appreciatweverything you have been doing for us during ngese difficult days. thank you. have a great evening, everyone, and...
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Nov 17, 2012
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you're making the rest of us look bad!" victor hugo said, initiative is doing the right thing without being told. are you ready? i'm lou heckler. >> susie: it's going to be a big that's "nightly business report" for friday, november 16. good night, tom and everyone. >> tom: goodnight, susie. we'll see you online at nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook page at bizrpt. and on twitter @bizrpt.
you're making the rest of us look bad!" victor hugo said, initiative is doing the right thing without being told. are you ready? i'm lou heckler. >> susie: it's going to be a big that's "nightly business report" for friday, november 16. good night, tom and everyone. >> tom: goodnight, susie. we'll see you online at nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at...
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Nov 29, 2012
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susan, tha thanks for joining us. an inheritance or a lottery -- how do you make that decision between taking a lump sum or stretching out the payments. >> you take a lot of time before you get to that decision. it is certainly not your first decision. your first thing to do is change management. we do a triage to see what is most important, and we deal with urgent things first, that are really going to affect well-being. usually the lump sum versus payment is something that you can put off for at least a month or two. >> tom: are we culturally bias to take the money and run now, compared to wait a generation to collect? >> you know, i think that used to be the very strong bias until about 2008. and then there was a sense that the investment markets were not so safe. so some people tend to go more towards the payments. neither one is good or bad. they both have their complecomplexities. >> tom: one of the risks of the payments is you could outlive the payments, or you may die before you're able to collect all those pa
susan, tha thanks for joining us. an inheritance or a lottery -- how do you make that decision between taking a lump sum or stretching out the payments. >> you take a lot of time before you get to that decision. it is certainly not your first decision. your first thing to do is change management. we do a triage to see what is most important, and we deal with urgent things first, that are really going to affect well-being. usually the lump sum versus payment is something that you can put...
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Nov 17, 2012
11/12
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for recreational use. megan verlee of colorado public radio reports from denver, a city that currently has more medical marijuana stores than starbucks and mcdonald's combined. her story is another in our new collaboration with public media partners across the country in a series we call "battleground dispatches." >> these topicals that have marijuana, and people have said it's very helpful. >> reporter: steve horwitz sells a broad variety of medical marijuana products in his south denver store, ganja gourmet. >> there are all kinds of chocolates and cookies and brownies. >> reporter: his is just one of 500 such dispensaries which have opened over the last four years, ever since colorado started allowing stores to sell the drug for medical uses. since then, a large market has flourished, and more than 100,000 residents now carry physician-recommended cards allowing them to buy the drug. but passage of a ballot initiative known as "amendment 64" will likely take retail marijuana to a whole new level, since
for recreational use. megan verlee of colorado public radio reports from denver, a city that currently has more medical marijuana stores than starbucks and mcdonald's combined. her story is another in our new collaboration with public media partners across the country in a series we call "battleground dispatches." >> these topicals that have marijuana, and people have said it's very helpful. >> reporter: steve horwitz sells a broad variety of medical marijuana products in...
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Nov 21, 2012
11/12
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joins us from chicago. we'll talk about the business at h.p., bu at hand, what do the accounting claims say about h.p.'s own due diligence in the buy outa year ago. >> ith i i think it is important to separate out the goodwill impairment. it is a non-cast charge. i think most investors were aware that h.p. overpaid for autonomy. so it doesn't affect our forecast for h.p. what it does highlight, though, is that there are potentially further corporate governance issues, and management control issues. but, more importantly, this is going to be -- this litigation will be an ongoing stracts for senior management, at a time when many of their existing businesses are facing competition. >> tom: it overpaid, having trouble integrating it, and the fiscal fourth quarter results, this is what they looked like. h.p. earned $1.16 a share, minus all of the charges, two cents better than expected. what kind of shape is h.p.'s business in? >> i think everybody recognizes and everybody rec nice to meet you, recognizes that
joins us from chicago. we'll talk about the business at h.p., bu at hand, what do the accounting claims say about h.p.'s own due diligence in the buy outa year ago. >> ith i i think it is important to separate out the goodwill impairment. it is a non-cast charge. i think most investors were aware that h.p. overpaid for autonomy. so it doesn't affect our forecast for h.p. what it does highlight, though, is that there are potentially further corporate governance issues, and management...
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Nov 6, 2012
11/12
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bring us up to date. o things stand >> it began are reactions to thg shortened number of early voting days in south florida, the state as a whole. there were very long lines and the democratic par, some of its top officials, had wanted to have the governor extend the early voting period another day. he refused to do so. but i south florida, the larger counties decided on theirt own o supervisors of elections, let's go ahead and have people vote absentee as if it was an early vote. not exactly the same but almost. in miami what happened on sunday was the voting sit became just overwhelmed with people. s it closed down briefly. it opened back up again. and very kay on thetic. there were people banging on the door it was not a good scene. but the end of the day, a lot of people did cast andson fee votes in person. then today it was a much more orderly process. t they were open from 9:00 to 5:00. hundreds of people in line, people waiting 10, 15 minutes, not so bad. at the end of the day, in miami county abo
bring us up to date. o things stand >> it began are reactions to thg shortened number of early voting days in south florida, the state as a whole. there were very long lines and the democratic par, some of its top officials, had wanted to have the governor extend the early voting period another day. he refused to do so. but i south florida, the larger counties decided on theirt own o supervisors of elections, let's go ahead and have people vote absentee as if it was an early vote. not...
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Nov 20, 2012
11/12
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they want to work with us. we're going to reach out to these people. >> warner: together they hope all will be welcome in the new syria they want to build. >> woodruff: in her next >> woodruff: in her next report, margaret looks at the more than one hundred thousand syrian refugees who have fled to turkey. >> brown: next, to the southeast asian country of myanmar, where president obama's visit today made some history. ray suarez has our story. >> suarez: by the tens of thousands cheering people packed the streets of myanmar's capital city today. the crowds waved american flags as they angled for a glimpse of the first sitting u.s. president to visit the southeast asian nation. >> i hope he can bring change in every aspect. >> i really hope that obama will help build the transition to democracy. we have many ethnic groups in myanmar. they are also hoping that obama will help them progress. >> suarez: also known as burma, the country was under military rule for half a century and was largely closed off from the r
they want to work with us. we're going to reach out to these people. >> warner: together they hope all will be welcome in the new syria they want to build. >> woodruff: in her next >> woodruff: in her next report, margaret looks at the more than one hundred thousand syrian refugees who have fled to turkey. >> brown: next, to the southeast asian country of myanmar, where president obama's visit today made some history. ray suarez has our story. >> suarez: by the...
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Nov 15, 2012
11/12
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we thank you both for joining us. before i begin i have two items to share, late-breaking items in the news on this story. the "new york times" identified the f.b.i. agent in tampa who was originally given the information from jill kelley about threatening e-mails. his name is frederick humphries, ii. he's said to be a veteran counterterrorism investigator. the second item, the associated press is reporting that general john allen is saying he intend to fully cooperate in this investigation and hopes to get to the bottom of it as soon as possible. hopes that authorities do. but colonel andrew basevich, let me start with you. what is your overall reaction to this, to the petraeus story, the potential involvement of general allen-- although we don't know about that. how are you taking this all in in? >> well, i think it's very useful to be remindd from time to time that four-star generals are not gods but mere mortals. and as mortals ourselves, perhaps we can, therefore, assess their performance. stand in judgment. and
we thank you both for joining us. before i begin i have two items to share, late-breaking items in the news on this story. the "new york times" identified the f.b.i. agent in tampa who was originally given the information from jill kelley about threatening e-mails. his name is frederick humphries, ii. he's said to be a veteran counterterrorism investigator. the second item, the associated press is reporting that general john allen is saying he intend to fully cooperate in this...
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Nov 13, 2012
11/12
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tell us your thinking? >> well, small oil companies get bought out by big oil companies in places leak the marceleste shale are you seeing land prices rise in these places so if you are a small oil company or natural gatt company, buy land, buy some rigs, maybe get bought out by a big player. >> susie: we have less than a minute. let's go over the losers list. you mentioned there could be downside to fracking. you also talk about alternative energy companies could suffer. and defense contractors, you can give us a quick answer on that? >> well, it's difficult. when oil prices go up it's good for nuclear and solar and clean energy players. but when they go down which would happen if you get a lot more production in the u.s. it's bad for those players because people tend to go back to oil and using oil. as for the defense contractors, we're to the going to have to spend some of defending the middle east because we will not need those resources so much because we have it at home. >> you gave use lot of interes
tell us your thinking? >> well, small oil companies get bought out by big oil companies in places leak the marceleste shale are you seeing land prices rise in these places so if you are a small oil company or natural gatt company, buy land, buy some rigs, maybe get bought out by a big player. >> susie: we have less than a minute. let's go over the losers list. you mentioned there could be downside to fracking. you also talk about alternative energy companies could suffer. and...
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Nov 3, 2012
11/12
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he joins us from that firm in boston. duncan, i take it you're a pessimist in regards to avoiding the fisca cliff that we're going to go over? c not really a pessimist. i think the fiscal cliff is going to be more of a fiscal slope, but there will be a tax element to it. i think because we're starting at such a low level of tax rates, we're very likely to have higher ta s either immediately with the expiration of the payroll tax and potentially on capital gains and dividends in 2013 and beyond. >> tom: how should invests approach that, invest on what tax rates may be next year? >> not really. but there a t great costs to be avoided by lessening the tax drag on your investment. positioning your portfolio and making sure you're in sthookso can outperform in a rising interest rate environment-- which is another thing we're worried about-- longer term makes a some sense. >> tom: so rising interest rate environment, possibly higher inflation, higher taxes. not exactly the most shiny of forecasts for investors. >> well, there i
he joins us from that firm in boston. duncan, i take it you're a pessimist in regards to avoiding the fisca cliff that we're going to go over? c not really a pessimist. i think the fiscal cliff is going to be more of a fiscal slope, but there will be a tax element to it. i think because we're starting at such a low level of tax rates, we're very likely to have higher ta s either immediately with the expiration of the payroll tax and potentially on capital gains and dividends in 2013 and beyond....
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Nov 7, 2012
11/12
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thanks for being with us. >> you're welcome. tood to talk with you again. >> sreenivasan: the polls were incredibly long in arlington and probably in other parts of the state too. what are you hearing and focused on tonight. >> well, they were very long and in fact surprisingly some election officials are reporting actually larger turnouthan in 2008. that's very interesting. there were indeed long delays northern virginia. prince william and some of the counties up there. also in chesapeake and virginia beach there were delays of up to five hours. much of the state going very much as it was anticipated toh do. you about delays of up to three to four hours in some of those areas of the state where the turnout was just tremendous. >> sreenivasan: kathy, the folks at home can use our digital map center and take a look at virginia. when they look at the 2008 presidential results they see it's not just one sta .. it's almost like a couple of different states. you've got these corners, for example, around for noak that went blue for o
thanks for being with us. >> you're welcome. tood to talk with you again. >> sreenivasan: the polls were incredibly long in arlington and probably in other parts of the state too. what are you hearing and focused on tonight. >> well, they were very long and in fact surprisingly some election officials are reporting actually larger turnouthan in 2008. that's very interesting. there were indeed long delays northern virginia. prince william and some of the counties up there. also...
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Nov 7, 2012
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darren gersh joins us from virginia. darren. >> reporter: susie, we're here in woodbridge, virginia, which is considered a swing aa in a key swing state. and it's a state that alsong surprised the candidates this election. after the voting here is over, you'll be hearing a lot more about the fiscal cliff, those automatic spending cuts and tax increases scheduled to take effect on january 1. you'd think the fiscal cliff would be a huge issue here. virginia depends heavily on defense spending and is facing massive cuts if congress doesn't act. but sequestration, the official word for the fiscal cliff cuts, hasn't been a campaign issue. >> th tried to play sequestration and blame it on each other, and i don't think it had any traction whatsoever. most people don't know what it is and they blame both parties for it. >> reporter: vors here aree more concerned about everyday economics. >> mainly, i want change in the economy, like better prices on gas and food. i want to make sure my job is secure. >> i'm looking at my grandki
darren gersh joins us from virginia. darren. >> reporter: susie, we're here in woodbridge, virginia, which is considered a swing aa in a key swing state. and it's a state that alsong surprised the candidates this election. after the voting here is over, you'll be hearing a lot more about the fiscal cliff, those automatic spending cuts and tax increases scheduled to take effect on january 1. you'd think the fiscal cliff would be a huge issue here. virginia depends heavily on defense...
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Nov 16, 2012
11/12
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i said, well that makes two of us. i've got to tell you the first time where we've felt like we've ever needed help. first time. and just feel like, you know, fema's supposed to be it. everybody, like my insurance company says call fema. yeah, everbody asks me that. did you call fema. i'm like, yeah. what happened? nothing. that sucks. it... it just sucks. >> reporter: fema officials contend they are responding as best they can. but because of the sheer magnitude of the work, fema official robert jensen admits some residents will be disappointed. >> this is hard. this is one of the biggest natural disasters to hit america. certainly understandable that people are going to be frustrated and be upset on some of the challenges they're facing. we feel that. we understand that. >> reporter: fema is working with the city's office of emergency management, and they've been on the job since october 26, four days before the hurricane hit. city, state and federal officials are now coordinating recovery and relief operations. ther
i said, well that makes two of us. i've got to tell you the first time where we've felt like we've ever needed help. first time. and just feel like, you know, fema's supposed to be it. everybody, like my insurance company says call fema. yeah, everbody asks me that. did you call fema. i'm like, yeah. what happened? nothing. that sucks. it... it just sucks. >> reporter: fema officials contend they are responding as best they can. but because of the sheer magnitude of the work, fema...
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Nov 21, 2012
11/12
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voters voted for us. so i think it's less likely we're going to see kind of a grand compromise because both sides are very entrenched. >> woodruff: even with that small pick-up of democrats in the house and even though the presidential vote was bigger than the overall house republican vote? >> right. i mean that's... both camps, you know,. >> woodruff: we'll have an argument. >> i think when it comes to the .. there's all sorts of discussion on the fiscal cliff. president obama and speaker boehner are probably more willing to compromise, but their caucuses and their parties are very entrenched. i don't think we know what's going to happen out of this. >> woodruff: we certainly don't. nathan gonzales of the rothenberg political report, thank you for coming back to talk to us. >> thank you so much. >> brown: now that new york and new jersey have been hit by two destructive storms in less than two years, there's new urgency to questions about steps to better protect the region. hari sreenivasan is back with
voters voted for us. so i think it's less likely we're going to see kind of a grand compromise because both sides are very entrenched. >> woodruff: even with that small pick-up of democrats in the house and even though the presidential vote was bigger than the overall house republican vote? >> right. i mean that's... both camps, you know,. >> woodruff: we'll have an argument. >> i think when it comes to the .. there's all sorts of discussion on the fiscal cliff....
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Nov 13, 2012
11/12
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people have not been used to thed idea. i have to say for myself when i first came out in the mid '70s it never occurred to me that i would be able to legally marry yet i was able to do that in massachusetts in 2004. we're seeing tremendous change. we're also seeing just demographically we're seeing republicans and democrats supporting marriage equality. we're seeing support from all age groups. we're seeing support from people of faith. we're seeing support from people throughout the country. i feel like things are moving forward. i'm very optimistic and very excited. >> suarez: lee and thomas, thank you both for joining us. >> ifill: now, a report on the recovery from the superstorm sandy. new york governor andrew cuomo said today he intends to ask the federal government for at least $30 billion in aid. new jersey is still tallying its losses, and damages in the region are expected to exceed $50 billion. schools officially reopened today in one community along the jersey shore. but for the past week, teachers have been al
people have not been used to thed idea. i have to say for myself when i first came out in the mid '70s it never occurred to me that i would be able to legally marry yet i was able to do that in massachusetts in 2004. we're seeing tremendous change. we're also seeing just demographically we're seeing republicans and democrats supporting marriage equality. we're seeing support from all age groups. we're seeing support from people of faith. we're seeing support from people throughout the country....
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Nov 30, 2012
11/12
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david, thanks for joining us. so this constitutional assembly that's moving very quickly on a constitution, tell us, explain what's going on there. >> well, the assembly has been meeting for several weeks and trying to work faster and faster to finish a new constitution, the first constitution for egypt since the overthrow of hosni mubarak. they said recently that they would like a little more time. they were hoping to bring together a consensus of the islamist majority and some of the secular minority in the assembly but at the last minute they decided to jump the gun, to really rush things and wrap it up today. they are afraid that on sunday the constitutional court here, the supreme constitutional court will rule against their assembly and try and dissolve it. so they're trying to wrap up their work before that can happen. unfortunately, fear of that looming deadline has led to quite a bit of gridlock in the assembly as the islamists who are running the show have moved faster and faster and tried to close off d
david, thanks for joining us. so this constitutional assembly that's moving very quickly on a constitution, tell us, explain what's going on there. >> well, the assembly has been meeting for several weeks and trying to work faster and faster to finish a new constitution, the first constitution for egypt since the overthrow of hosni mubarak. they said recently that they would like a little more time. they were hoping to bring together a consensus of the islamist majority and some of the...
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Nov 10, 2012
11/12
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you elected us to focus on your jobs, not ours. and in that spirit, i've invited leaders of both parties to the white house next week so we can start to build consensus around the challenges that we can only solve together. last year, i worked with democrats and republicans to cut a trillion dollars worth of spending that we just couldn't afford. i intend to work with both parties to do more, and that includes making reforms that will bring down the cost of health care so we can strengthen programs like medicaid and medicare for the long haul. i've put forward a detailed plan that allows us to make these investments, while reducing our deficit by $4 trillion over the next decade. i want to be clear-- i'm not wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000
you elected us to focus on your jobs, not ours. and in that spirit, i've invited leaders of both parties to the white house next week so we can start to build consensus around the challenges that we can only solve together. last year, i worked with democrats and republicans to cut a trillion dollars worth of spending that we just couldn't afford. i intend to work with both parties to do more, and that includes making reforms that will bring down the cost of health care so we can strengthen...
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Nov 23, 2012
11/12
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thanks for being with us. >> good to be here. >> sreenivasan: so help us understand, why are these retailers doing this? why is it so important? >> this holiday season we're going to see consumers who are still pretty cautious and as a result of that retailers are just a little bit desperate. these early openings are all about trying to grab the attention of consumers as soon as they can and grab a few of those dollars because overall the holiday season it may be that the shopping pie doesn't grow that much. so these retailers want to grab their own slice as soon as they possibly can. >> sreenivasan: so wal-mart was one of the big stores to do so. they were already opening at midnight. why push it into thanksgiving day itself? >> the competition among the retailers and i think they're inspiring each other to move it earlier and earlier because as people are going to be queuing up perhaps they want to be outside the store that's going to open first. so this cream phenomena is has set in as retailers are trying to outdo each other. >> sreenivasan: what is the creep phenomena likely to stop at?
thanks for being with us. >> good to be here. >> sreenivasan: so help us understand, why are these retailers doing this? why is it so important? >> this holiday season we're going to see consumers who are still pretty cautious and as a result of that retailers are just a little bit desperate. these early openings are all about trying to grab the attention of consumers as soon as they can and grab a few of those dollars because overall the holiday season it may be that the...
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Nov 28, 2012
11/12
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it's not using condoms. it's access to condoms. how do you get a condom when you're a 15-year-old gay man living in the south? what do you do? you walk into a pharmacy and actually go up to the pharmacist and, you know, all that stuff is incredibly stigmatized and frightening. so i think what communities have to do is really address the problem through the lens of, are we doing everything possible to help these kids protect themselves? >> sreenivasan: one of the things that people don't necessarily look at very often it seems very cold and calculated is the numerical cost. obviously the worst cost is someone's life. but one of the things that was interesting to me in this report that said that these folks that are infected so young could cost the system $400,000, a cost that all of us are bearing in some ways. >> sure. one of the things that the report is trying to emphasize and that i think is critical. if you don't know you're infeked you're not going to start on treatment. the treatment works. and the treatment might be expensiv
it's not using condoms. it's access to condoms. how do you get a condom when you're a 15-year-old gay man living in the south? what do you do? you walk into a pharmacy and actually go up to the pharmacist and, you know, all that stuff is incredibly stigmatized and frightening. so i think what communities have to do is really address the problem through the lens of, are we doing everything possible to help these kids protect themselves? >> sreenivasan: one of the things that people don't...
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Nov 7, 2012
11/12
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we are very religious, all of the things that make us republican, and except that they do not want us here. >> for now they must leave their losses. they know tomorrow the battle starts over again. >> despite president obama's victory his celebration may be short-lived. last night voters voted to keep the house of representatives in republican control. as you have seen, the divisions between the parties about how to deal with economic problems are fast. -- vast. >> this is a land where nothing changed overnight, a land still stuck in an economic rut. times are tough at the barber shop run by ivan loyd. obama has another chance to get the economy back on track. ?an he do it chairma >> when you see things that are happening on the economic front and the last couple months, that is a good sign. >> if you think obama is on the right track? >> yes. >> how to deal with a country so undivided. the wealth gap is clear. so is the ideological divide. the president has to work with a split congress. in the senate they strengthen the narrow majority. in the lower house, republicans still have sol
we are very religious, all of the things that make us republican, and except that they do not want us here. >> for now they must leave their losses. they know tomorrow the battle starts over again. >> despite president obama's victory his celebration may be short-lived. last night voters voted to keep the house of representatives in republican control. as you have seen, the divisions between the parties about how to deal with economic problems are fast. -- vast. >> this is a...
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Nov 10, 2012
11/12
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CNN
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that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am i on the naughty list again? ho ho ho! we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> the battle over health reform is over. the supreme court has ruled, the president has been re-elected. the centerpiece of the legislation when everyone has to have health insurance or pay a penalty, it doesn't go into effect until 2014 but several key pieces of the law take effect next year. first if you're a big earner, your taxes are going up.
that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am i on the naughty list again? ho ho ho! we don't let frequent heartburn come between us and what we love. so if you're one of them...